Business Bible News Market Minute: December 11 @ 5:00AM ET

This is a Business Bible News Market Minute for Thursday December 11 at 5:00 PM Eastern Time. According to Bloomberg, the equity rally spurred by a United States interest-rate cut and Federal Reserve Chair Jerome Powell’s positive economic outlook has faced challenges after Oracle Corporation raised concerns about significant spending related to artificial intelligence. Global markets are mixed today. In overseas trading, the Nikkei is down 438 points. The Dow is up 503 points to 48,063. Oil is trading at $57 per barrel while gold is at $4,248 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with self-interest. This principle is found in First Corinthians 10–24. The verse reads: 'None of you should be looking out for your own interests, but for the interests of others.' Learn more at businessbible.com where Daily News meets Daily Principle.